“The decrease in operating cash flow from continuing operations, compared to the same period in 2025, was primarily due to higher trade receivables in 2026 in working capital resulting from sharp increases in commodity prices in March 2026.”10-Q · May 5, 2026 ↗
Occidental Petroleum Corporation
OXY
Market read
Occidental Petroleum Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
- OXY's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if OXY's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- OXY's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
No qualifying supportive evidence was identified.
- Latest annual revenue changed -5.0% year over year.
- Diluted shares increased 3.4% in the latest annual period.
- EV/sales is 47% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
61.46Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“Q1 2026 compared to Q1 2025 Excluding the impact of items affecting comparability, net income for the three months ended March 31, 2026, compared to the same period in 2025, reflected higher gas margins from transportation capacity optimization in the Permian…”10-Q · May 5, 2026 ↗
“Select results for discontinued operations are reflected in the following table: millions 2025 2024 2023 Income before income taxes $ 495 $ 285 $ 1,767 Income tax expense (233) (73) (403) Income from discontinued operations, net of tax $ 262 $ 212 $ 1,364 Eff…”10-K · Feb 18, 2026 ↗
“Discontinued Operations Cash flow used by investing activities from discontinued operations in 2025, 2024 and 2023 was $1.1 billion, $769 million and $517 million, respectively, primarily due to capital expenditures associated with OxyChem.”10-K · Feb 18, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 2.8× · EV/sales 3.8×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for OXY. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for OXY. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind OXY
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
BLKBlackRock, Inc.partnerFeb 18, 2026 ▾
“As reflected by the joint venture with BlackRock, the Company is pursuing multiple avenues to fund these projects including project financing, long-term carbon removal or CCUS agreements, and identifying business opportunities with stakeholders in carbon-inte…”
BRK-BBerkshire Hathaway Inc.partnerFeb 18, 2026 ▾
“OXYCHEM TRANSACTION In October 2025, the Company announced entry into a purchase and sale agreement with Berkshire Hathaway to sell all of the issued and outstanding equity interests in OxyChem in an all-cash transaction for $9.7 billion.”
Depended on by
INVXInnovex International, Inc.customerFeb 24, 2026 ▾
“and Shell; leading independent E&P operators such as Occidental Petroleum and Woodside Energy; and multinational oilfield service companies such as Schlumberger and Baker Hughes.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
OXY is currently a Early Follower in the organic co-movement group Oil & Gas Producers. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.